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Loans

Investor loans - Loan Information & Closing Cost
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Dade, Broward, West Palm Beach, and Port St. Lucie Counties

Click here to view the closing costs for the other counties we service.

Terms

15% + 3 points ($2,400 minimum charge) the points are paid at the time of closing.
Percentage and points are subject to credit and inspection. Points vary according to area.
One Year (12 Mo.) Interest ONLY Balloon
Lender’s option to extend for another 12 months (as long as payments are timely!) for additional 3 points at the end of the first 12 months.

Possible fees depending on your area

$400 Documentation preparation fees for our attorney
$250 Administration Fee
$100 - $250 Inspection fee
$150 Processing fee
$20 Courier fee

Vacant property insurance will be necessary. NO JUA insurance will be considered unless property is already a rental. Please see our insurance requirements.

These rates are for single family to fourplex units only. Apartment buildings and other commercial properties may have different terms, conditions, and fees.

Note

Other fees may be charged for NOT appearing at your closing time.
24 Hour closings start at $1,500 & may require a non-refundable deposit to begin processing.
Our attorney requires 2 days to review title and prepare loan documents. If the title company does not comply, it will be treated as a *24 hour closing. You will be billed accordingly.

• Sufficient equity and/or a higher rate or points may be required.
• The expressed rate could change or not be available at commitment or closing.

• These are ONLY Investors Mortgage closing costs and are paid at time of closing. Keep in mind you still have title charges, taxes and insurance etc…


Office: (386) 736-3511 :: Fax: (386) 736-3591 :: info@investorsmtg.net

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